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Top Secure Payment Methods for Online Casinos

Online Casino There are multiple mediums through which one can deposit as well as withdraw funds from the online sites. These mediums are authenticated and trust worthy. There have not been no fraud cases against them and they are effective and fast. Some big names in this industry are:

  • NETeller:

This company has been the most successful company in New Zealand online casino transactions. In fact, NETeller had controlled 80% of the transactions through gambling since 2005. They were forced to pay 300 million dollars to get out of trouble. Since then they moved to the UK and diversified. Although the revenues of NETeller are not as much as they were, they are still the leaders in online gambling transactions.

  • Moneybookers/Skrill:

Moneybookers is a UK based company that was founded in the year 2001. It was released after NETeller, but the company has expanded out of proportion.

They are controlled by FSA (Financial Services Authority) in the UK so Moneybookers can be considered as a trustworthy site in terms of withdrawing or depositing cash. Recently it has acquired their competitors like Nordea etc., thus expanding their circle. Moneybookers have changed their name to “Skrill” which is their parent company.

  • PayPal:

PayPal has grown since it was bought by Ebay in 2002. In a way PayPal had become the default e-transaction option for the Americans. PayPal does not have much support from the European countries, but it has massive support from the American as well as Asian countries. PayPal is a trusted and safe site for gambling transactions.

  • UseMyBank:

This is a reputed system to transfer funds from your bank to the online casino account. UseMyBank allows funds to be transferred and not withdrawn. This is their only limitation. This is applicable for people residing in Toronto, Ontario and Canada only. The deposit system is instantaneous and fast. English is the only language supported by this bank. Security is their prime concern and care is taken regarding transfer of funds.

  • Giropay

Giropay has an electronic payment method that is supported by over 1500 savings banks and cooperative banks. Giropay has around 13,000,000 bank account holders which include a significant number of accounts of gamblers. If you have a German account, you can set up a Giropay account for online payment facility.

  • Visa:

Visa is the best online electronic payment method for supplying or withdrawing cash. If you don’t mind paying from your credit card, Visa guarantees easy and efficient transfer of funds. Visa is one of the biggest companies that carries out electronic transactions. Visa has a higher chance of working even when you’re Mastercard or American Express fails to work.

  • Wire transfer:

Also called as bank wire transfer, this is the easiest and fastest way of carrying out online transactions. These transactions can be depositing money in the online casino or withdrawing funds from the casino. There have been very less frauds since the wire transfers have been more secure.

This is the complete list of all the ways to either transfer your cash from the bank to the online casino or withdrawing money from the casinos.

FAQ: Safest Online Casino Payment Methods

What are some trusted payment methods for online casinos?

Online casinos offer various secure methods to deposit and withdraw funds. Notable options include NETeller, a leader in online gambling transactions particularly popular in New Zealand, and Skrill (formerly Moneybookers), widely trusted in the UK. Both companies have a long history of reliability and are monitored by financial authorities.

How secure is PayPal for online casino transactions?

PayPal is exceptionally secure and is the preferred payment method for many casino players, especially in the Americas and Asia. Since being acquired by eBay in 2002, PayPal has grown significantly and is known for its stringent security measures, making it a safe choice for gambling transactions.

Can I use my bank account directly for casino payments?

Yes, direct bank transfers are possible through systems like UseMyBank and Giropay. UseMyBank facilitates instant deposits from your bank account to your casino account but only supports deposits, not withdrawals. It is primarily available in Toronto, Ontario, and Canada. Giropay, serving over 13 million account holders, allows both deposits and withdrawals for those with German bank accounts.

Is Visa a reliable payment method for online casinos?

Visa is one of the most reliable and widely accepted payment methods for online casinos. It supports both deposits and withdrawals, providing a convenient and efficient service. Visa's widespread acceptance and robust security measures make it a top choice for casino transactions globally.

What about the security of wire transfers for casino payments?

Wire transfers are among the safest and fastest methods for moving money to and from online casinos. Known for their enhanced security, wire transfers minimize the risk of fraud and are a preferred method for large transactions. They are universally available and can be used for both deposits and withdrawals.

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